[Sulfuric Acid] Analysis of Sulfuric Acid Market Price on October 7

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October 7, 2023, 5:03 PM

Analysis of sulfuric acid market price on October 7

1. Analysis of China's sulfuric acid market price

Unit: yuan/ton

Type of acid making	markets	Type of acid making	September 28	October 7	rise and fall
sulfuric acid	Shandong area	98% sulfuric acid	200-300	200-260	0/-40
	Jiangsu area	98% sulfuric acid	350-450	350-450	0
	Zhejiang area	98% sulfuric acid	460-560	460-560	0
	Sichuan region (ex-factory price)	98% sulfuric acid	600-700	600-700	0
	Hebei region	98% sulfuric acid	220-340	220-340	0
smelting acid	Anhui area	98% smelting acid	190-240	190-240	0
	Shandong area	98% smelting acid	60-250	60-250	0
	Hunan area	98% smelting acid	340-400	340-400	0
	Jiangxi area	98% smelting acid	240-320	240-320	0
	Henan area	98% smelting acid	80-250	80-250	0
	Hubei area	98% smelting acid	300-350(Factory price)	270-350(Factory price)	-30/0
	Guangxi region	98% smelting acid	400-480(Factory price)	400-480(Factory price)	0
	Yunnan region	98% smelting acid	540-620(Factory price)	540-620(Factory price)	0
	Fujian area	98% smelting acid	320-440	320-440	0
	Inner Mongolia region	98% smelting acid	140-320	140-320	0
	Liaoning area	98% smelting acid	140-270	140-270	0
	Sichuan area (delivery price)	98% smelting acid	400-630	400-630	0
	Guizhou area	98% smelting acid	450-500	450-500	0
	Zhejiang area	98% smelting acid	350-410	350-410	0
	Gansu region	98% smelting acid	180-240	180-240	0
mineral acid	Shandong area	98% mineral acid	160-220	160-220	0
	Guangdong area	98% mineral acid	300-380	300-380	0
	Hebei region	98% mineral acid	180-300	180-300	0
	Sichuan region (ex-factory price)	98% mineral acid	600-650	600-650	0

Today, China's sulfuric acid market has not changed much. As of now, the price of 98% of ore acid in Guangdong is at 300-380 yuan/ton, and the price of 98% of smelting acid in Hubei is at 270-350 yuan/ton. Recently, the downstream phosphate fertilizer market demand has been relatively stable, maintaining a need for procurement; during the holidays, due to transportation problems in some areas, the inventory of acid plants has increased, and the transaction price has been slightly discounted; At present, the overall supply and demand in the sulfuric acid market are basically balanced. There is a game between supply and demand in some regions, and the market has a strong wait-and-see attitude.

2. Analysis of sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on October 7 was 326.67, down 2.92 from the previous working day, or 1%.

3. Future outlook forecast

After the holiday, the sulfuric acid market will wait and see, and the market supply and demand will basically maintain a balanced state. With the completion of the maintenance of the early acid plants, the inventory of some acid plants will increase in the later period, the market supply and demand relationship may change, and sulfuric acid prices may gradually differentiate regionally.